FREE KCRA MOBILE APP. IT HAS RADARS AND EXTENDED FORECAST SO YOU CAN PLAN YOUR DAY. THE TEACHERS PENSION FUND -- THE TEACHERS PENSION FUND HAS A HUGE SHORTFALL. HOW THIS BIG PROBLEM WILL AFFECT ALL OF US. THE GAP IS OF BILLIONS OF DOLLARS ALTHOUGH THE ACTUAL FIGURE IS IN DISPUTE. BUT EVERYONE AGREES THAT TEACHERS, SCHOOL DISTRICT AND ULTIMATELY TAXPAYERS WILL SOON BE PAYING MORE. IS A PREFIX OR SUFFIX? MAGGIE ELLIS HAS BEEN A CLASSROOM TEACHER FOR YEARS. BUT SHE IS WORRIED NOW BECAUSE THE CALIFORNIA TEACHER RETIREMENT FUND IS IN THE RED. WHEN I RETIRE, I WOULD HAVE SOCIAL SECURITY EVEN THOUGH I PAID INTO IT FOR YEARS. TEACHERS CANNOT COLLECT SOCIAL SECURITY WHEN THEY RETIRE AND THEIR PENSION FUND IS RUNNING OUT OF MONEY. THERE'S A SHORTFALL OF APPROXIMATELY $71 BILLION AND WILL RUN OUT OF FUNDING FOR THE PROGRAM BY 2046. THAT MEANS TEACHERS JUST STARTING IN THE CLASSROOM TODAY WILL HAVE NO PENSIONS AT ALL WHEN THEY RETIRE UNLESS SOMETHING IS DONE. THE ASSEMBLY IS PREPARED -- LAUNCHING CAPITOL HEARINGS IN FEBRUARY 2 TACKLE THE PROBLEM. A FIX MUST BEGIN THIS YEAR. THERE HAS TO BE SHARED RESPONSIBILITY BETWEEN THE STATE , BETWEEN INDIVIDUAL SCHOOL DISTRICTS, AND INDIVIDUAL TEACHERS. TEACHERS ALREADY PAY 8% OF THEIR SALARIES TOWARD THEIR PENSION. BUT SOON, THEY WILL BE ASKED TO PAY MORE. CRITICS CONTEND ASSEMBLY DEMOCRATS ARE DELIBERATELY LOWBALLING THE LIABILITY FIGURE. I THINK IT'S MORE LIKE $80 BILLION. IT COMES OUT TO $200,000 PER TEACHER. THE CALIFORNIA TEACHER ASSOCIATION IS ONE OF THE MOST POWERFUL UNIONS IN THE STATE. BUT EVEN THEY CAN SEE THAT ASKING TEACHERS TO PAY MORE IS A TOUGH FIGHT. IT'S GOING TO HURT FOR EVERYONE. THIS WILL BE AN EASY DISCUSSION. IT'S NOT EASY BECAUSE THERE IS A BIG DISPUTE OVER THE NUMBER. THE UNFUNDED LIABILITIES SAY THAT IT IS $71 MILLION. BUT GOVERNOR BROWN SAYS THAT IT IS MORE THAN $80 BILLION BECAUSE OF STOCK MARKET LOSSES BECAUSE -- LOSSES THAT HAVE HAPPENED. HADDAD WE GET HERE? RETIREMENT BENEFITS ARE INCREASED IN THE LATE 1990S. THEN THE STOCK MARKET CRASHED

The Obama administration will unveil a major climate change plan Monday aimed at a large reduction in greenhouse gas emissions from the nation's coal-burning power plants, a senior administration official told CNN.